Customer Rating: 
Summary: Financial Reporting & Analysis
Comment: Book Arrived on time and in the condition that was presented. Very satisified with the product.
Customer Rating: 
Summary: Shipping ripoff/ unfounded claims
Comment: I ordered expidited shipping for my product to get it sooner than the regular shipping. They happily charged me for expidited shipping, then turned around and sent the book via media mail. Also, the item diescription for my book said it was highlighted by a student that got a B+ in the course. I have yet to find any hightlighted areas in the book. When I contacted the seller via email to inquire, they cam back at me angry claiming that I was trying to threaten them. This was a poor experience at best. I will never shop with this Seller agian.
Customer Rating:
Summary: Financial Reporting book review
Comment: Recent Accounting knowledge is a plus when reading this book. A few examples of problem solving would be nice. An answer key to the exercises in each chapter would be helpful too.
You will want a fresh mind & coffee when reading this book!
Customer Rating:
Summary: Almost everything I dislike in a textbook
Comment: This book has many characteristics that I really dislike to see in a textbook.
First, the authors flooded almost every page with extraneous information. When you're learning this stuff, you want it to be explained simply and clearly - but the authors seem more intent on showing you how much they know about some topic, even when that information is tangenital and not very helpful.
They don't word things clearly. They'll call the same thing by two different names - (i.e. "Pension Cost" and "Pension Expense") which needlessly adds to the confusion. They'll discuss some topic for several pages without even writing down the basic, relevant journal entry.
One of the wordiest, most poorly written accounting books I have ever had the displeasure of studying from.
Customer Rating:
Summary: One of the better books available
Comment: This publication provides a thorough and comprehensive review of almost every important aspect of accounting, financial analytics and reporting. A useful tool for a person new to finance or someone needing a refresh or review of important topics. A solutions manual would have been helpful, but the book is a valuable buy nonetheless.
Many headlines in today's leading business publications talk about how managers are "cookin' the books" to meet earnings targets or analysts' earnings projections. How can managers utilize the flexibility in GAAP to manipulate the numbers for their own purposes? How can analysts learn how to uncover the hidden truths behind reported accounting numbers and interpret financial statements correctly? Financial Reporting & Analysis by Revsine/Collins/Johnson emphasizes both the process of financial reporting and the analysis of financial statements. This book employs a true "user" perspective by discussing the contracting and decision implications of accounting--and this helps readers understand why accounting choices matter and to whom. Revsine, Collins, and Johnson train their readers to be good financial detectives, able to read, use, and interpret the statements and-most importantly--understand how and why managers can utilize the flexibility in GAAP to manipulate the numbers for their own purposes. Extensive real-world examples are designed to build interest and expand understanding not only of current practices, but also how to make comparisons between firms. For example: * See how the Regina Company's management team manipulated the numbers in the annual report to suggest a $10.9 million profit when they had actually lost $16.8 million (chapter 1) * Discover how Kmart Corporation managers used legitimate accounting means to keep a substantial portion of their leases off the balance sheet to enhance their reported return on assets and debt/equity ratio-and then see how Revsine, Collins, and Johnson use financial statement footnotes to undo this accounting choice and put the numbers back onto the balance sheet (Chapter 11) * See what happened at Bausch & Lomb when managers treated shipments of products to distributors as final sales. Managers who have not used this text would only know how that receivables increased, whereas financial detectives learning from Revsine, Collins, and Johnson would know that something was amiss when collections slowed and receivables increased faster than sales (Chapter 7). FR&A perfectly meets the guidelines for the new 150 hour requirement for CPA certification through the development of analytical and conceptual thinking, problem solving, and understanding of why accounting really matters. Moreover, because of its unique user focus and analysis orientation, this book is well suited for preparing for all levels of the Chartered Financial Analysts' (CFA) exam. Readers will be better prepared for both the CPA and CFA exams because of the extensive in-chapter technical material and end-of-chapter problems and real-world cases.
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